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Archive: 20 April 2022

Posts in 20 April 2022

Salient features of Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2022

April 20, 2022 15195 Views 1 comment Print

Maharashtra Settlement Arrears Tax, Interest, Penalty Late Fee Act, 2022 shall be applicable for the settlement of arrears of tax, interest, penalty and late fee under the various Acts administered by the Department. Arrears of tax, interest, penalty or late fee for the periods ending upto 30th June 2017

SEBI signs MoU with Manitoba Securities Commission, Canada

April 20, 2022 471 Views 0 comment Print

SEBI and Manitoba Securities Commission (MSC) have entered into a bilateral Memorandum of Understanding (MoU) for mutual co-operation, exchange of information and technical assistance. MSC is SEBI’s counterpart in the province of Manitoba, Canada.

HC Quashes Vague order cancelling GST Registration

April 20, 2022 2826 Views 0 comment Print

HC observed that show cause notices, referred to above, and the impugned order are as vague as anything. The issue is now covered by the decision of this Court in the case of Aggarwal Dyeing and Printing Works vs. State of Gujarat & 2 Ors., Special Civil Application No.18860 of 2021, decided on 24.02.2022.

Clarification on refund of GST wrongfully collected & paid

April 20, 2022 10500 Views 0 comment Print

Refund under section 77 of the UPSGST Act / section: 19 of the IGST Act would not be available where the taxpayer has made tax adjustment through issuance of Credit note under section 34 of the UPSGST Act in respect of the said transaction’

Why Income Tax Was Not So Effective Instrument In Developing Nations?

April 20, 2022 972 Views 0 comment Print

Discover why income tax is not as effective as it seems in developing nations. Explore the historical context and impact of income tax policies.

SOP for processing Reimbursement of SGST on films

April 20, 2022 1053 Views 0 comment Print

Government from time to time has provided for reimbursement of SGST on specific films (hereinafter read as films). Various representations have been received both from the trade and the field formations to provide for a uniform procedure to apply for such reimbursements.

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